Why Businesses Win by Investing in Hybrid Vehicles

Excluding long-haul tractor trailers and passenger cars, there are more than 10 million vehicles used for transport in commercial fleets in the U.S., comprised mostly of delivery trucks, cargo vans and pickups. Due in part to a lack of government regulation of commercial vehicle fuel economy standards (at least until President Obama’s new regulations go into effect in 2014), most of these vehicles have a combined fuel economy well below 15 mpg. Many Fortune 1000 businesses operate hundreds or even thousands of vehicles in their fleets and watch helplessly as rising fuel costs eat their profit margins. Still, the commercial vehicle segment has been slow to adopt hybrid powertrains, even though fuel savings for each vehicle can range from $2,000 to more than $4,000 per year at current fuel costs. Businesses Need Proven ROI Businesses use their vehicles as tools to deliver go...